Benefits only spent on government sanctioned goods.
Rishi Sunak, who is most likely to succeed Boris Johnson to the top job, is secretly planning to implement Britain's own Crypto-Currency as soon as he enters Number 10.
Sunak announced the plan for 'programmable money' back in April, during the G7 Summit, with some insiders suggesting that this is the real reason for Johnson's departure.
Called Central Bank Digital Currency CBDC the crypto currency is described by Sunak as
"a digital version of money, a bit like a digital bank note, that could be used alongside physical notes and coins" adding "but unlike most of the digital money used today it would be issued by a central bank, like the Bank of England in the UK"
Sunak goes on to say "and Governments across the world are working together looking into what having a digital currency might mean in practice.. [it] would offer consumers new ways to pay in the future."
Governments have wanted to control crypto currencies for a long while. A monetary system like Bitcoin that bypasses their control has been seen as a threat to their power and has been a target for years. Pushed by the World Economic Forum, governance of digital currency is seen as a cornerstone to a world government with absolute control over every aspect of our lives.
Sunak's dystopian plan would mean that the Government would have total control over your bank account. Tagged 'programmable money' the digital currency is likely to affect those receiving benefits first as the Government programmes the money to only be spent on approved goods and services. Those on benefits would no longer be able to spend the money on what they wanted, only on goods dictated by Government. The digital currency would block purchases of foods high in fat and sugar, but work with fresh fruit and vegetables for instance.
By 2030 all currency is set to be digital, with much of it being controlled by Government. Your money will no longer be yours. The Government will decide what you can and can't spend it on, never mind that you've earned it, what you spend it on becomes a Government matter.
We have already seen how Governments will misuse this power. Canadian Prime Minister Justin Trudeau froze the bank accounts of his critics with some saying this was a trial run for future control of dissenters and opponents. Being able to starve your opponents at the flick of a switch is the type of power no government should have, especially not this one.